AMAT vs. NXE
AMAT (Applied Materials, Inc.) and NXE (NexGen Energy Ltd.) are both stocks. AMAT operates in Semiconductor Equipment & Materials (Technology), while NXE operates in Uranium (Energy). Over the past 10 years, AMAT returned 40.85%/yr vs 18.40%/yr for NXE. At a 0.27 correlation, their price movements are largely independent.
Performance
AMAT vs. NXE - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 149.73% return, which is significantly higher than NXE's 13.59% return. Over the past 10 years, AMAT has outperformed NXE with an annualized return of 40.85%, while NXE has yielded a comparatively lower 18.40% annualized return.
AMAT
- 1D
- 3.74%
- 1M
- 48.13%
- YTD
- 149.73%
- 6M
- 147.78%
- 1Y
- 280.55%
- 3Y*
- 68.94%
- 5Y*
- 37.57%
- 10Y*
- 40.85%
NXE
- 1D
- -1.88%
- 1M
- -1.97%
- YTD
- 13.59%
- 6M
- 14.21%
- 1Y
- 58.33%
- 3Y*
- 31.94%
- 5Y*
- 19.66%
- 10Y*
- 18.40%
AMAT vs. NXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 149.73% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 43.29% | 89.86% | -34.92% | 59.86% |
NXE NexGen Energy Ltd. | 13.59% | 39.39% | -5.71% | 58.01% | 1.37% | 58.33% | 115.63% | -28.09% | -30.47% | 48.75% |
Correlation
The correlation between AMAT and NXE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.27 |
The correlation between AMAT and NXE shifts across timeframes, from 0.27 (all time) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AMAT:
$511.50B
NXE:
$6.90B
AMAT:
$10.61
NXE:
-CA$0.69
AMAT:
21.39
NXE:
5.75
AMAT:
$29.02B
NXE:
CA$0.00
AMAT:
$14.21B
NXE:
-CA$992.64K
AMAT:
$9.92B
NXE:
-CA$247.46M
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Return for Risk
AMAT vs. NXE — Risk / Return Rank
AMAT
NXE
AMAT vs. NXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and NexGen Energy Ltd. (NXE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMAT | NXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.92 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.20 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 13.22 | 1.75 | +11.47 |
| Martin ratioReturn relative to average drawdown | 37.71 | 4.89 | +32.82 |
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Drawdowns
AMAT vs. NXE - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, roughly equal to the maximum NXE drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for AMAT and NXE.
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Drawdown Indicators
| AMAT | NXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -82.98% | -2.24% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -33.41% | +12.04% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -54.28% | +4.40% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -54.28% | -0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -82.98% | +27.84% |
Current DrawdownCurrent decline from peak | 0.00% | -24.93% | +24.93% |
Average DrawdownAverage peak-to-trough decline | -38.76% | -28.62% | -10.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.48% | 11.97% | -4.49% |
Volatility
AMAT vs. NXE - Volatility Comparison
The current volatility for Applied Materials, Inc. (AMAT) is 19.60%, while NexGen Energy Ltd. (NXE) has a volatility of 21.57%. This indicates that AMAT experiences smaller price fluctuations and is considered to be less risky than NXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAT | NXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.60% | 21.57% | -1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 38.81% | 40.78% | -1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.40% | 55.62% | -6.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.33% | 58.05% | -13.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.04% | 61.56% | -18.52% |
Dividends
AMAT vs. NXE - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.30%, while NXE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.30% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
NXE NexGen Energy Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AMAT vs. NXE - Financials Comparison
This section allows you to compare key financial metrics between Applied Materials, Inc. and NexGen Energy Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
AMAT and NXE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXE has higher volatility (21.57%) compared to AMAT (19.60%). In terms of maximum drawdown, AMAT dropped -85.22% vs NXE's -82.98%.
AMAT currently has the higher Sharpe Ratio (5.73 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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